An aquifer is a geologic formation, a group of formations, or a part of a formation that contains sufficient saturated permeable material to yield significant quantities of water to wells and springs. The areal and vertical location of major aquifers is fundamental to … [more…]
In 2017, Jorge welcomed me to the headquarters of Costa Rica’s underground water agency. His supervisor had asked him to show me “the model” at work. After many years of fieldwork on water issues, I had already been introduced to many models: the mathematical model to calculate extraction rates, two different pieces of software that model aquifer flow, the regulatory model Costa Rica’s agency follows, and sponges as a preferred … [more…]
This article was first published on December 21, 2012, by Market Oracle and Global Research
A disturbing trend in the water sector is accelerating worldwide. The new “water barons” — the Wall Street banks and elitist multibillionaires — are buying up water all over the world at unprecedented pace.
Familiar mega-banks and investing powerhouses such as Goldman Sachs, JP Morgan Chase, Citigroup, UBS, Deutsche Bank, Credit Suisse, Macquarie Bank, Barclays … [more…]
A strange thing happens during particularly wet winters in California: farmers flood their fields. Never mind that crops are dormant and soil is already saturated — these farmers are more concerned about what lies beneath their land. Aquifers … [more…]